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peter king said the same on "meet the press." what say you about the norquist pledge? you're a signatory. >> i really am surprised about the obsession with this one individual that doesn't compare at all to the lack of obsession about the economic doldrums that we're in as a nation. look, people didn't sign that pledge because they were coerced into it. people signed that pledge because it encompasses the kinds of solutions that will move us in the right direction. increasing tax rates on the american people and on small businesses means you take money from people, money from small businesses, and you transfer it to the government. we don't believe that that's the wise place to do that. we believe that those dollars are best spent and the economy is helped most when those dollars are left in people's pockets and small businesses. so why folks would negotiate with themselves about whether or not they still think that that's a positive economic principle, is beyond me. >> well, presuming that you can get a balanced approach which what is the president wants, which means
peter king said the same on "meet the press." what say you about the norquist pledge? you're a signatory. >> i really am surprised about the obsession with this one individual that doesn't compare at all to the lack of obsession about the economic doldrums that we're in as a nation. look, people didn't sign that pledge because they were coerced into it. people signed that pledge because it encompasses the kinds of solutions that will move us in the right direction. increasing...
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. >> peter king who tried to weasle out of it i hope his wife understands that commitments last more than two years. >> that was a bit below the belt, grover. >>> the crane that collapsed in australia also owns the crane in new york that collapsed during hurricane sandy. >>> bracing for a wintry mix. know and rain moving in from the midwest. >> amazing story of survival. man using the lid of a cooler to tread water for hours after his boat capsized. >>> all that -- >> anthony for three. >> charlie rose co-hosting "cbs this morning" in the early am -- >> touchdown, carolina. >> carolina wins 30-22. >> and all that matters -- >> you and i have lived much different lives. i mean i think that is apparent. >> you are a white man. >> i am a -- >> cyber monday the biggest shopping day online ever. >> cyber monday which means i was drunk when i bought all that crap tuesday. captioning funded by cbs >>> welcome to "cbs this morning." united nations ambassador susan rice meets face t >>> welcome to cbs th"cbs this morning." ambassador susan rice meets with critics on capitol hill this morning.
. >> peter king who tried to weasle out of it i hope his wife understands that commitments last more than two years. >> that was a bit below the belt, grover. >>> the crane that collapsed in australia also owns the crane in new york that collapsed during hurricane sandy. >>> bracing for a wintry mix. know and rain moving in from the midwest. >> amazing story of survival. man using the lid of a cooler to tread water for hours after his boat capsized....
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the pledge is not for life, but everybody who signed the pledge including peter king who tried to weasel out of it, shame on him as the new york sun said today. i hope his wife understands the commitments last a little longer than two years or something. the commitment from the pledge -- >> whoa, whoa. hang on. that was a bit below the belt, grover. >> if you think a commitment is not for as long as you make it for, the commitment for the pledge as peter king well knows when he signed it is that as long as you're in congress you won't rain in spending and reform government and rein is taxes. it's only as long as you're in the house or senate. if he stayed too long, that's his problem. you don't tell the bank, oh, the mortgage wasn't that a long time ago? if you make a commitment, you keep it. >> this pledge was first signed in 1986. >> by some people. of course, every two years people often re-sign it. they make statements on it. this is one of the people having doubts just two years ago made a public letter saying he would never support a deal that had any tax increases, only revenues s
the pledge is not for life, but everybody who signed the pledge including peter king who tried to weasel out of it, shame on him as the new york sun said today. i hope his wife understands the commitments last a little longer than two years or something. the commitment from the pledge -- >> whoa, whoa. hang on. that was a bit below the belt, grover. >> if you think a commitment is not for as long as you make it for, the commitment for the pledge as peter king well knows when he...
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that pledge to look for new ways to generate revenue republican congressman peter king said bluntly, he is not ruling anything out. >> i agree entirely. a pledge to sign 20 years ago, 18 years ago. i think everything should be on the table. lou: two of the senator's not only reversing themselves on raising taxes but also rethinking their opposition to a susan rice secretary of state apartment. senators gramm and mccain both revising their political positis in a bit -- at a breathtaking pace. joining a summer we are calling the republican reset, the fiscal cliff, of course, and the coup in egypt, the president seemingly in search of a campgn. after a long holiday weekend, does anyone remember been gauzy? to find out, we are joined by of and the daily column founder and editor cockies contributor. thank you. let's start with republican party. is that o strong a word? in disarray. >> i think disarray is a little strong right now. we will see. it is one thing to talk about these issues so far in advance. in terms of the norquist tax pledge and certainly the susan rice, these are noises t
that pledge to look for new ways to generate revenue republican congressman peter king said bluntly, he is not ruling anything out. >> i agree entirely. a pledge to sign 20 years ago, 18 years ago. i think everything should be on the table. lou: two of the senator's not only reversing themselves on raising taxes but also rethinking their opposition to a susan rice secretary of state apartment. senators gramm and mccain both revising their political positis in a bit -- at a breathtaking...
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you're talking about guys, you know, in saxby chambliss, peter king, coker, lindsey graham, who have been fiscal conservatives their entire lives. so it's very hard, i think, to make the argument. i think it's silly, also, to have this circular fire squad against good republicans who have been getting elected, and, you know, in order -- i think it's silly to take a circular fire squad and take him out during a primary, because of some piece of paper that got signed or not signed, lived up to or not lived up to. if, in fact, they are fiscal conservatives, which is the entire point of this discussion. we are losing the point of it. because we're getting so hung up on this, you know, piece of paper. i really find it somewhat silly, the entire thing. >> some people have suggested there is an interesting procedural solution to this idea, and that would be to actually let everything go off the cliff, even just for a day. what would happen then is the tax rates would automatically go up on everyone. again, even just a day. then on january 2nd or oh january 3rd or january 4th, everyone could
you're talking about guys, you know, in saxby chambliss, peter king, coker, lindsey graham, who have been fiscal conservatives their entire lives. so it's very hard, i think, to make the argument. i think it's silly, also, to have this circular fire squad against good republicans who have been getting elected, and, you know, in order -- i think it's silly to take a circular fire squad and take him out during a primary, because of some piece of paper that got signed or not signed, lived up to or...
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king didn't invent that. >> that's something that grover was rebuffed. you can opt out. >> once you're in, that's it. >> yes. >> but look, the big good news for progressives here, there are two fundamental values that have driven the economic conversation for republicans in this era. one is deficit is the biggest problem. here we are with the cliff, the curve, whatever you want to call it and what do we find out? even republicans are warning they don't want to go over the cliff because guess what? just cutting the deficit without any regard to the rest of our priorities is a bad idea. it happens to be the heart of republican economic policy and the other thing about never raising taxes, guess what? we don't have the gdp to seniors ratio than we did 20 years ago, so if we're going to be serious about an ageing population, it means you can't stick to these fantasies. >> i remember two years ago on the show, introducing him to the audience and explaining he's the most powerful republican in government and i had to do this long thing on who he is. and now, h
king didn't invent that. >> that's something that grover was rebuffed. you can opt out. >> once you're in, that's it. >> yes. >> but look, the big good news for progressives here, there are two fundamental values that have driven the economic conversation for republicans in this era. one is deficit is the biggest problem. here we are with the cliff, the curve, whatever you want to call it and what do we find out? even republicans are warning they don't want to go over...
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peter king knows -- congressman peter king of new york noknows full well the pledge he signed and others, it's for while you're in congress, not a two-year period. >> it sounded to me he was sort of saying you have to re-up it for it to be legal or whatever the right word is. >> first of all, it's explained to everyone when they sign, it's in writing with them when they sign that it's a commitment while you're in -- while you're in the house or while you're in the senate. you run for a different office, you take it again. and so the congressman from ohio is leaving -- it doesn't pass the laugh test. that's an odd position. if you want to go to your voters and say i promised you this and i'm breaking my promise, you can have that conversation with them. but you don't have an argument with me. you've made a commitment to your voters. >> but it is, to some degree, i know you like to sort of step back and act as if that you don't really have that much to do with the pledge. but the pledge does come from you. i've read a lot. last week when we were talking you sort of said the same thing. we'
peter king knows -- congressman peter king of new york noknows full well the pledge he signed and others, it's for while you're in congress, not a two-year period. >> it sounded to me he was sort of saying you have to re-up it for it to be legal or whatever the right word is. >> first of all, it's explained to everyone when they sign, it's in writing with them when they sign that it's a commitment while you're in -- while you're in the house or while you're in the senate. you run...
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everybody who signed the pledge including peter king, who tried to weasel out of it, shame on him as the new york sun said today, i hope his wife understands that commitments last a little longer than two years or something. >> eliot: warren buffett continued to be the pragmatic voice of the majority. >> i think there is a general feeling among the american public certainly and even among many in congress that the rich like me have been getting away with low tax rates and it is time to make the tax rates more progressive. >> eliot: for more on the fiscal cliff negotiations, i'm joined by congressman peter welch, democrat from vermont. thank you for joining us. >> thank you. >> eliot: what should the deal look like? all of the chatter, smoke and mirrors, what is the deal you would like to see? >> well, first of all, i do believe the middle class has a stake and a good, solid balanced, deficit reduction plan. the plan should be what the president campaigned on, namely balance. that means we've got to have a substantial contribution from revenues. the revenues have to come from the folk
everybody who signed the pledge including peter king, who tried to weasel out of it, shame on him as the new york sun said today, i hope his wife understands that commitments last a little longer than two years or something. >> eliot: warren buffett continued to be the pragmatic voice of the majority. >> i think there is a general feeling among the american public certainly and even among many in congress that the rich like me have been getting away with low tax rates and it is time...
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. >> peter king knows full well the pledge he signed is for while you're in congress not for a two year period. >> anti-tax pledge is eternal and unbreakable. like a pact with the devil or a gym membership. you'll get your money! >> very funny. >> capitol hill budget talks get bogged down as republicans complain that democrats won't give up anything. >> this morning we'll ask amy klobuchar about the fiscal cliff and about the growing number of women in congress. but right now, dr. holly phillips says the old real estate mantra location, location, location may apply to your health. >> good morning today in health watch your neighborhood and your health. how you feel about your neighborhood can play a big role iryour physical health. a new study finds people who like their community or feel that it's improving have better physical health than those who don't like where they live or feel like it's getting worse. researchers polled more than 300,000 americans over the age of 18. people who said they were satisfied with their neighborhoods scored a 78 on a physical health index compared with
. >> peter king knows full well the pledge he signed is for while you're in congress not for a two year period. >> anti-tax pledge is eternal and unbreakable. like a pact with the devil or a gym membership. you'll get your money! >> very funny. >> capitol hill budget talks get bogged down as republicans complain that democrats won't give up anything. >> this morning we'll ask amy klobuchar about the fiscal cliff and about the growing number of women in congress....
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king among other republicans who said they'd be willing to break away from grover norquist's anti-tax pledge. will you say if you're willing to break that pledge in order to save the country from the fiscal cliff. >> hello, thomas. and first of all, i signed that pledge two years ago, and the reason i signed it is because i think increasing tax rates, increasing the amount of money that the federal government takes away from job creators is going to harm economic growth and economic growth is the number one component to a solution. what all these senators are saying is they'll take a look at their pledge only if the president puts forward his plan. how is he going to close the other part of that deficit? you know, his proposal right now, the most he can say would raise would be about $68 billion when our deficit last year was $90 billion. what is the president's plan for closing the additional additional $1 trillion worth of deficit? i think that's incumbent on the president to put forward his plan. >> from your standpoint alone, there's no way you see fit in the coming 35 days that y
king among other republicans who said they'd be willing to break away from grover norquist's anti-tax pledge. will you say if you're willing to break that pledge in order to save the country from the fiscal cliff. >> hello, thomas. and first of all, i signed that pledge two years ago, and the reason i signed it is because i think increasing tax rates, increasing the amount of money that the federal government takes away from job creators is going to harm economic growth and economic...
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we are joined by peter king. chairman of the homeland community. good to see you. >> good to be with you. martha: if susan rice is indeed considered for secretary of state we need to know where she stands on the issue of al-qaida and whether or not she believes that al-qaida is still a threat, is a growing threat. she says they were decimated. perhaps that is the most important thing that needs to come out of these discussions, what does she really believe about al-qaida in this region? >> right, martha, benghazi we're talking about the past, it's very important but it is the past. despite what susan rice this is about the status of al-qaida that will determine the policy over the next several years going into the future. i agree entirely with aepb ayotte. we see al-qaida growing and expanding throughout the middle east. either al-qaida or it's franchises growing and expanding, in many ways the threat is greater now than on 9/11. for susan rice not to understand that is alarming. martha: when she talked about what happened in benghazi and attribute
we are joined by peter king. chairman of the homeland community. good to see you. >> good to be with you. martha: if susan rice is indeed considered for secretary of state we need to know where she stands on the issue of al-qaida and whether or not she believes that al-qaida is still a threat, is a growing threat. she says they were decimated. perhaps that is the most important thing that needs to come out of these discussions, what does she really believe about al-qaida in this region?...
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we did hear from peter king, a congressman. no many house members are running to the microphones to renounce grover norquist's tax pledge. isn't that where we're going to have the most trouble, will? >> yeah. you definitely have the most trouble in the house of representatives. look, republicans are still dedicated to a low tax principle. they still want to achieve that. the problem is i used to own businesses, carol. i used to buy and sell newspapers. i didn't get to tidictate the price. >> i think you in your passionate hand gesture you knocked your microphone off. >> did i really? you just missed genius. you missed genius. >> i was so eager to hear what you were saying. >> i've got to quit gesticulating so much. >> you're not even -- >> will cain, jason johnson, thanks so much for being with us. >> thank you. >>> actor morgan freeman is putting his voice behind a new ad touting the election day victories in three states to legalize same-sex marriage. >> freedom, justice and human dignity have always guided our journey toward
we did hear from peter king, a congressman. no many house members are running to the microphones to renounce grover norquist's tax pledge. isn't that where we're going to have the most trouble, will? >> yeah. you definitely have the most trouble in the house of representatives. look, republicans are still dedicated to a low tax principle. they still want to achieve that. the problem is i used to own businesses, carol. i used to buy and sell newspapers. i didn't get to tidictate the price....
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but everybody who signed the pledge including peter king who tried y ed tied to weasel out oe on him as the new york sun said today, i hope his wife understands the commitments last a little longer than two years or something. but you don't tell the bank, oh, the mortgage, wasn't that a long time ago? if you make a commitment, you keep it. >> now, despite what he said it likely that high earners will pay higher taxes. what sort of benefits could others lose in this trade-off? something has got to give, doesn't it? one idea, get rid of the tax benefit that homeowners get by being able to deduct mortgage interests. hold on. don't throw the remote at the tv set. i know it is a popular deduction. i know you like it. but it costs the feds $100 billion a year in -- and it is a dubious benefit to the federal government. the housing industry opposes getting rid of it because it fears that home sales will collapse again, just when housing is starting to make a comeback. the national association of realtors spent an estimated $25 million this year to lobby lawmakers against canning it. the mor
but everybody who signed the pledge including peter king who tried y ed tied to weasel out oe on him as the new york sun said today, i hope his wife understands the commitments last a little longer than two years or something. but you don't tell the bank, oh, the mortgage, wasn't that a long time ago? if you make a commitment, you keep it. >> now, despite what he said it likely that high earners will pay higher taxes. what sort of benefits could others lose in this trade-off? something...
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but everybody who signed the pledge, including peter king who tried to weasel out of it, shame on him as the new york sun said today, i hope his wife understands that commitments last a little longer than, than, than two years or something. >> and zoraida, there you have grover norquist -- >> weeks. >> -- of course, from the americans for tax reform throwing out some pretty strong political hyperbole. but the fact of the matter is, as you said, fiscal cliff, 35 days away, and as we've heard from a lot of economists, if congress can't fix this, then we're in a lot of trouble. we can be heading back into recession. >> mark preston live in washington, d.c. thank you for that. so even if democrats and republicans get a spending deal done in time to steer clear of the fiscal cliff, derer thompson says it won't necessarily cure the economy. the senior editor of "the atlantic" joins us live in the next half hour. he has an interesting perspective. >>> ambassador susan rice heads to capitol hill this morning to mend fences with three republican senators. john mccain, lindsey graham and kelly
but everybody who signed the pledge, including peter king who tried to weasel out of it, shame on him as the new york sun said today, i hope his wife understands that commitments last a little longer than, than, than two years or something. >> and zoraida, there you have grover norquist -- >> weeks. >> -- of course, from the americans for tax reform throwing out some pretty strong political hyperbole. but the fact of the matter is, as you said, fiscal cliff, 35 days away, and...
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>> preliminary lies that you -- >> stephanie: peter king yesterday said -- republican peter king said although she's done an effective job at the u.n., on this, she was wrong. he said if she set out there to speak to the american people about what happened on benghazi, she's obligated to look at more than three sentences on unclassified talking points because it was basically a cover story. no, it wasn't. it was the best information they had at the time. he insisted rice's position gives her access to classified information. it is an obligation not to just be a puppet. >> stephanie: she's supposed to improvise on classified information. >> just tell all of the classified information. there is a reason it is classified. >> stephanie: oh, is that the part i wasn't supposed to say to tick off al-qaeda? susan rice yesterday. >> i do think some of the statements you've made about me have been unfounded but i look forward to having the opportunity at the appropriate time to discuss all of this with him. >> it is not the policy! >> stephanie: she's not the problem. it is the president. so --
>> preliminary lies that you -- >> stephanie: peter king yesterday said -- republican peter king said although she's done an effective job at the u.n., on this, she was wrong. he said if she set out there to speak to the american people about what happened on benghazi, she's obligated to look at more than three sentences on unclassified talking points because it was basically a cover story. no, it wasn't. it was the best information they had at the time. he insisted rice's position...
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whether it is lindsey graham, peter king, john mccain, on and on, similar comment over the weekend. if another republican is watching that, what would you say to them if they areethinking about breaking this pledge? >> let's distinguish with what boehner have said. i certainly agree, if the economy grew at 4% instead of 2% for the next decade, the federal government would net an additional $5 trillion. you could pay all of obama's death down. connell: that is not what he is talking about. >> okay. i am sorry. what he said is what i said. what obama claims he said is a separate matter. boehner was very clear. obama said, oh, you have agreed to tax increases. the talks collapsed because obama misstated. connell: what you say to republicans who are thinking about breaking the pledge? >> look, most republicans have signed the pledge. even the ones who have not have made it very clear even when they ran for office, higher taxes have hurt the economy. they have spent too much money. the entitlements are looking to break the economy. we need to spend less. raising taxes to get the politici
whether it is lindsey graham, peter king, john mccain, on and on, similar comment over the weekend. if another republican is watching that, what would you say to them if they areethinking about breaking this pledge? >> let's distinguish with what boehner have said. i certainly agree, if the economy grew at 4% instead of 2% for the next decade, the federal government would net an additional $5 trillion. you could pay all of obama's death down. connell: that is not what he is talking about....
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congressman peter king republican in new york feels the same way. take a listen to him. >> i think everything should be on the table. i myself am opposed to tax increases. the fact is the speaker and majority leader and the president are going to be in a room trying to find the best package. i'm not going to prejudge it. i'm saying we should not be taking ironclad positions. >> king says while the pledge may have worked in the past, now is the time to be flexible. zoraida? >> all right. paul steinhauser live in washington, d.c. for us. thank you. >> 33 minutes after the hour right now. just lots of buying this weekend. lots of shopping. a record $247 million shoppers hit stores and websites after thanksgiving. ed national retail federation says they also spent more money compared to last year. but -- will shoppers still be in a spending mood today? which, of course, is named cyber monday. christine romans is here with us. >> who named it cyber monday? hmm. the industry did! because once they saw that you would open up your wallet for black friday, t
congressman peter king republican in new york feels the same way. take a listen to him. >> i think everything should be on the table. i myself am opposed to tax increases. the fact is the speaker and majority leader and the president are going to be in a room trying to find the best package. i'm not going to prejudge it. i'm saying we should not be taking ironclad positions. >> king says while the pledge may have worked in the past, now is the time to be flexible. zoraida? >>...
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on japan. >> i know. >> it's not just peter king on the taxes. it's a big step, don't you think? >> it's a big step. >> grover. yeah, grover's taking a big hit since the election. there's no doubt about it. i think john, you'd verify this. number of republicans, i've talked to a couple of united states senators who said there's at least 10 to 12 republican senators who are willing to walk away from grover norquist on the tax pledge. >> it's breaking out all over. sanity is contagious. >> now, the question is, is the president going to stay where he is and go, you know what? we're going to do it my way or no other way? we're going to raise it to 90 -- to 39.6%. steve rattner had a great column yesterday. >> it's a must-read. >> you know there's more than one way to skin a cat, more than one way to raise over a trillion dollars in revenues. it doesn't just have to be the president's way. is the white house going to insist on the 39.6% tax rate, or will they consider the loophole part of it plus capital gains, plus a couple of other things? >> well,
on japan. >> i know. >> it's not just peter king on the taxes. it's a big step, don't you think? >> it's a big step. >> grover. yeah, grover's taking a big hit since the election. there's no doubt about it. i think john, you'd verify this. number of republicans, i've talked to a couple of united states senators who said there's at least 10 to 12 republican senators who are willing to walk away from grover norquist on the tax pledge. >> it's breaking out all over....
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king, they're willing to break the grover norquist pledge and consider new revenue. is this really anything new? >> no. all right. next question? first of all they're not saying anything new first of all. they're not saying we're willing to talk about rates -- >> bill: in fact they're saying they'll vote against rates -- getting rid of the bush tax cuts. >> this is not a change in policy at all. that's number one. number two these are -- senate republicans who don't have a lot of influence in this particular subject area. they're not the most -- they're not the biggest players. third, they're senate republicans. we need house republicans to change their minds. so i said this in my blog yesterday, this is not as significant as it seems and all of those who made such a big deal about it over the weekend are missing the key point. it is not a change in policy and two, look who it is. it is not that important. when i see some tea party switching and eric cantor saying we need some rate change, then you'll know something serious has changed. >> bill: stan's blog is capita
king, they're willing to break the grover norquist pledge and consider new revenue. is this really anything new? >> no. all right. next question? first of all they're not saying anything new first of all. they're not saying we're willing to talk about rates -- >> bill: in fact they're saying they'll vote against rates -- getting rid of the bush tax cuts. >> this is not a change in policy at all. that's number one. number two these are -- senate republicans who don't have a lot...